I would request a board seat and/or make a cash takeover offer at 4 cents for the whole company. They have stated they will reject the Max scheme so that deal is dead as the they need 75% to vote in favour but not all shareholders will vote so they will quickly get to 25% against. If they can increase their holding to 30 - 40% then they would get board controll. They then sell services to VN8 at the current rate as exisitng providers and achieve the synergies without 100% ownership.
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Ann: VN8: Increase in MaxoTel Scheme Consideration, page-4
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Last
9.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.58M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13897 | 9.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.6¢ | 176931 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13897 | 0.097 |
1 | 300000 | 0.096 |
1 | 55555 | 0.090 |
1 | 6000 | 0.089 |
1 | 9000 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.096 | 176931 | 1 |
0.100 | 76111 | 2 |
0.105 | 19090 | 2 |
0.110 | 14046 | 3 |
0.120 | 12849 | 2 |
Last trade - 07.34am 17/06/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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